forex

A Basic Overview of Forex Trading in Australia

(via tradingmastermind.com)

In Australia, foreign exchange market is one of the country's principal source of income for the Australian government. The Australian Dollar or AUD is the fifth most traded currency in the Forex market in line with the USD, EUR, JPY and GBP.

How to Improve your Money Management Skills

(via tradingmastermind.com)

However, more and more traders find out early on their trading careers that it is difficult to become a successful trader. One huge factor that hinders traders to profit in the Forex market is their improper money management tactics.

Most Tradable Currencies in Forex

(via buzz.yahoo.com)

There are a lot of currencies used in the world but not all of them can be traded actively in the foreign exchange market. And it is not a hidden fact that among all of these currencies, only eight of them are frequently traded.

Plan the Trade, Trade the Plan, or Else

(via www.babypips.com)

Successful traders have rock solid discipline. They plan every one of their trades, then they simply their trade their plans.

More Monetary and Fiscal Policy Measures In the Offing

(via www.babypips.com)

The global financial crisis seems to have taken the US by storm. Statements by the US Fed suggest that the nation’s economy is headed for a recession if already not there. Even though, the US announced a US $ 700 billion rescue package, opinion is fast emerging that this may not be sufficient.

Can You Say Asian Financial Crisis Redo?

(via www.babypips.com)

It seems the chances for another Asian-style financial crisis lingers and is rising.

Currencies Feel The Flow...of Capital Rushing In and Out of Global Stocks

(via www.babypips.com)

As the worldwide effort to shore up banks and lending settles in, investors are realizing much of the damage has already been done. Certain interbank rates and money-market rates are showing improvements in the cost to borrow. That’s a testament to extremely motivated governments and central banks.

Is the dollar due for a correction?

(via www.babypips.com)

Of course we wouldn’t ask the question if we didn’t believe the chances are good. But, the major caveat is the same we’ve shared before—in a fundamentally-driven market (or major event-driven) the technical analysis takes a back seat. So, we do our technical work, but keep in mind this is a market of breakout trades lately i.e.

The Long-term Outlook For Gold

(via www.babypips.com)

Traditionally thought of as a safe-haven during periods of high inflation or market uncertainly, this shiny yellow metal has been moving by over $100 per ounce on some recent days. But there's more to the story than just the recent market panics.

New Global Intervention and Our Technical Analysis Might Signal Rest

(via www.babypips.com)

Last week there was a huge cooperative among the world’s central banks to cut interest rates. Central Banks in the US, UK, Sweden, Eurozone, Switzerland, China, South Korea, Taiwan and Hong Kong all got involved.

FX Trading – Can It Be This Simple?

(via www.babypips.com)

As the stock market goes, so goes the euro against the US dollar. Can it be that simple? Short answer is yes. Risk aversion right now is dollar positive. And falling stocks are the best general definer of a risk adverse environment.

Crash Market Rules for Traders

(via www.babypips.com)

Right now, the markets (specifically equity markets) are a point of capitulation where many traders, investors and general public are trying hard to make sense of the events at hand...

12 Essential Trading Tips to Make You a Pro Trader

(via www.babypips.com)

This isn't some self-help rubbish list that's meant to inspire. This is a down and dirty, harsh and truthful list of tips that will make you a better forex trader.

Learn Forex Trading the Fun Way at the School of Pipsology

(via www.babypips.com)

Forex training and education. BabyPips.com’s School of Pipsology is designed to help you acquire the skills, knowledge, and abilities to become a successful trader in the foreign exchange market.

Dealing with Life's Lessons

(via www.babypips.com)

Plan on the fact that your plans will not always go as planned. And don't assume that because something worked previously that it will have the same outcome. The markets are unpredictable, and you must be ready to move and then jump on opportunities that appear.